Empiece

CAD

Shorting USDCAD down to 1.30270Good risk-reward opportunity on USDCAD 1:2 1. Price managed to break weekly support (now weekly resistance) and broke also upward weekly trendline, which hadn't broke since february 2018. 2. Price came pushed back up to retest the weekly resistance + trendline, being unable to break it to the upside, showed by various wicks and high volume bearish candles. 3. After 3 daily retests of this zone, price finally was rejected yesterday with a considerable bearish engulfing candle, leaving a nice wick too, confirming short entry. Take profit: suggest to take partial profits at next daily support zone around 1.31470, due to possibility of retracement, and let the position run risk free until next take profit level around 1.30270, which is the next daily support zone. Stop loss: above the support zone and the maximums price did: around 1.33600. **This is a risky trade regarding dollar uncertainty due to the trade war and the FED lowering further or not interest rates.
Corto
por albc
EURCAD shorts down to weekly support at 1.44750This trade idea became active after yestrerday's daily bearish engulfing candle: 1. Price failed to break daily resistance around 1.47600-1.48600. It made a fake breakout and managed to push back again to the downside. 2. Yesterday's bearish engulfing candle signals the power that the sellers currently have, confirming entry to the downside. 3. The power of yesterday's bearish engulfing candle managed to break again the weekly trendline (switch to weekly timeframe to observe it better). This is the 3rd time that it breaks this trendline, hopefully this time it could push further to the downside, breaking it definitely. Fundamentally I see a weak euro due to recent weakness showed by Germany's manufacturing indicators, UK uncertainty, Italy problems and the possibility of lowering more interest rates. Take profit target: next weekly support around 1.44750 Stop loss: around 1.48460 should be enough to give it some space in case the trade doesn't turn in our favour at the beginning
Corto
por albc
USDCAD - VENTA - 100 pips o más.El dólar se ha debilitado en todos los pares menos en el USDCAD. Por qué? Porque el USOIL ha caido mucho de precio y junto con la caida del USOIL caé el CAD. Pero vamos ahora a dejar de lado las fundamentales y revisar el Price Action. 1.3350 es un techo, si rompe este techo, venderemos inmediatamente. Las velas que han quedado en los últimos días son velas que indican venta. La media móvil de 50 esta por debajo de la de 200 en la gráfica diaria. Mi estrategia es: Entrar en venta ahora @ 1.3315 - 1er objetivo, para asegurar ganancias es 1.3240 (75pips) Si toca el techo en 1.3350 doblar la entrada de lotes. Si sube a 1.3375 cerrar con perdidas. Soy tecnicoforex, pueden seguirme en mi canal de Youtube, busquen tecnicoforex. Gracias, y suerte.
Corto
por tecnicoforex
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